A man from Davis County, Utah, has admitted to embezzling approximately $1.7 million from his employer. Timothy Sean Edgar, 44, residing in Farmington, pleaded guilty in court today to charges of wire fraud and money laundering.
The charges were filed against Edgar on March 11, 2025. According to court documents and statements made during the plea hearing, Edgar's fraudulent activities spanned from 2021 until October 2024. He executed his scheme by opening a sales channel through a popular online marketplace using his employment credentials. This allowed him to access the vendor portal and redirect Automated Clearing House payments into his personal bank account. To cover up his actions, Edgar made payments back to his employer using his personal credit card. In total, he embezzled approximately $1,778,251.
Edgar is scheduled for sentencing on August 7, 2025, at the Orrin G. Hatch United States District Courthouse in Salt Lake City.
The announcement was made by Acting United States Attorney Felice John Viti of the District of Utah.
The investigation is being conducted by several agencies including the Internal Revenue Service Criminal Investigation (IRS-CI), FBI Salt Lake City Field Office, and North Salt Lake City Police Department.
Assistant United States Attorneys Mark E. Woolf and Jacob J. Strain are handling the prosecution for this case.